Month: October 2016

THE ISSUE: More Americans are getting buried by student debt — causing delays in home ownership, limiting how much people can save and leaving taxpayers at risk as many loans go unpaid. The statistics look daunting. Student...VIEW MORE

MADISON, Wis. — The latest research from The Institute for College Access and Success (TICAS) finds rising levels of student debt among the class of 2015 graduates, at an average of $29,460, while the percentage of graduates...VIEW MORE

Another dubious first: 76 percent of 2015 NH college grads carry debt New Hampshire has the dubious distinction of having the highest average 2015 student loan debt in the country at $36,101 – an 8 percent increase...VIEW MORE

The latest report from the Institute for College Access & Success shows that undergraduates are leaving school with more than $30,000 in student loan debt. Undergraduate students are leaving school with an average of $30,000 in student...VIEW MORE

It’s October, which for tens of thousands of recent college graduates means the end of the six-month grace period on student loans. Paying down your education debt can seem daunting, but it doesn’t have to be once...VIEW MORE

Of course, my journey into debt was far easier than my journey out would be. I started my college career at an expensive private school because I was told I would make anywhere from $60,000 – $80,000...VIEW MORE

The movement to make student loan help as common as the 401(k) or vacation days just got a big boost. Social Finance (SoFi), perhaps the best-known name in student loan refinancing, said Monday that it will offer...VIEW MORE

When Barack Obama announced plans to crack down on federal subsidies to companies like Sallie Mae — calling them a “big racket” — one Democrat quietly helped the lender make its case to keep billions in taxpayer...VIEW MORE

Some student loans borrowers who are trying to get free of debt sooner by paying a little extra each month or making a lump sum payment toward the principal are discovering that companies servicing their loans are...VIEW MORE

Headlines

June 15, 2017

For most borrowers, federal student loans don’t go away until you pay them off. But in rare cases, the government will discharge the remaining balance of your student loans. In fact, there are seven options for student...VIEW MORE

June 14, 2017

Americans now hold more student loan debt than ever before, and many workers must pay off loans before they can start thinking about their financial future. Last week, Memphis announced the launch of a Student Loan Reduction...VIEW MORE

June 08, 2017

The Education Department said Tuesday that the hundreds of thousands of doctors, lawyers, teachers and social workers on track for a form of student loan forgiveness will not be affected by President Trump’s proposal to get rid...VIEW MORE

June 07, 2017

Curry Oglesby knows the challenges firsthand of trying to pay down her debt and also plan for her future. “It’s not like I have savings right now,” she said. The 30-year-old graduated from Howard University in 2009...VIEW MORE